Subsidiaries and Joint Ventures of the Company
DADRA AND NAGAR HAVELI AND DAMAN AND DIU POWER DISTRIBUTION CORPORATION LIMITED (DNHDDPDCL)
DNHDDPDCL is a subsidiary of Torrent Power Limited. DNHDDPDCL is the licensee to carry out the function of distribution and retail supply of electricity in the Dadra and Nagar Haveli district of the Union Territory of Dadra and Nagar Haveli and Daman and Diu for a period of 25 years effective from the acquisition date. The Issuer has taken formal takeover of power distribution operations in the Union Territory of Dadra & Nagar Haveli and Daman & Diu from April 1, 2022.
TORRENT PIPAVAV GENERATION LIMITED
Torrent Pipavav Generation Limited, a subsidiary of the Company and a joint venture between the Company and Gujarat Power Corporation Limited, incorporated for the purpose of developing a coal-based power plant of 1,000+ MW. However, due to non-availability of fuel linkage, Government of Gujarat vide its letter dated December 6, 2017, communicated that the said project may not be developed and accordingly, the joint venture is intended to be dissolved.
TORRENT POWER GRID LIMITED
Torrent Power Grid Limited, a subsidiary of the Company and a joint venture between the Company and Power Grid Corporation of India Limited with a shareholding of 74% and 26% respectively. It implemented Transmission lines associated with 1100 MW Sugen Project and Transmission scheme for evacuation of 4.5 GW RE injection at Khavda PS under Phase-II, Part-D.
SOLAPUR TRANSMISSION LIMITED
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing Transmission System for Evacuation of Power from RE Projects in Solapur (1500 MW) SEZ in Maharashtra.
TORRENT GREEN ENERGY PRIVATE LIMITED (TGEPL)
TGEPL is Wholly Owned Subsidiary of the Company. Hon’ble National Company Law Tribunal, Ahmedabad Division Bench (“NCLT”), has vide its Order sanctioned the Scheme of Arrangement involves transfer and vesting of the Renewable Power Undertakings from the Company to TGEPL as a going concern on Slump Sale basis with effect from Appointed Date i.e. 01.04.2024.
TORRENT AKSHAY URJA PRIVATE LIMITED
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing 18,000 MT/Annum Production facilities for Green Hydrogen under SIGHT Scheme (Mode-1 Tranche-1).
TORRENT ENERGY STORAGE SOLUTIONS PRIVATE LIMITED
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing 3000 MW Pumped Storage Hydro Project at Saidongar -I.
NEWZONE POWER PROJECTS PRIVATE LIMITED (NZPPPL)
The Company acquired 100% Equity shares of NZPPPL and 49% equity shares of Newzone India Private Limited (NZIPL) (51% of equity shares were already held by NZPPPL) on September 23, 2025 for the purpose of implementation thermal power project on the land in the possession of the, NZIPL in the Annupur District of Madhya Pradesh.
Torrent Urja 47 Private Limited
The company is a wholly owned subsidiary of Torrent Green Energy Private Limited. It is incorporated with the main object of generation, transmission, distribution, purchase, procurement, sale trading, import, export, storage of power, hydrogen and / or its derivatives or otherwise deal in all forms of non-conventional, renewable, green, hydro power, or any other sources of energy including electrical power and energy in all aspects.